When looking for a home loan it’s important to do your research and figure out what option will work the best for you when it comes to the interest rate, loan term, and total amount of interest paid.

We believe that getting a fixed rate mortgage is usually going to be the best choice for most of you, although in some rare instances  an ARM might be a good option, if its known that you would be moving in a few years.  Your options are a little different if you’re looking for a bad credit home loan, a site like Home Loans For All can help advise you in that situation. 

Buying our very First Home

When we bought our first home in 2008, I remember digging through the internet trying to compare fixed mortgage interest rates and trying to find the best and lowest rate. It may be a lot of work than just hiring the lender down the street, but ultimately it got us a lower interest rate on our mortgage which will save us thousands of dollars over the life span of the loan.